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Protecting Citizens from Cancel Culture in Finance

Editor's Note: This piece was co-authored by Congressman Andy Barr.Cancel culture is spiraling out of control in the United States. Once treasured and protected American rights and ideals like freedom

How Persistence Is Blazing Trail in DeFi

Senate Democrats take aim at true lender interest rate rule

© Greg Nash Senate Democrats are ramping up pressure on a federal bank regulator to scrap a Trump-era rule they say allows lenders to evade state interest rate limits and bilk vulnerable consumers. In a Wednesday hearing, Democrats on the Senate Banking Committee said it was long past time for the Office of Comptroller of the Currency (OCC) to revoke its “true lender” rule. The OCC in October finalized a rule meant to clarify who is the true lender of a loan issued to a customer through a partnership between a nationally chartered bank and a third party, typically a non-bank lender. A coalition of Democratic state attorneys general sued the OCC in January, arguing the rule violated federal consumer protection laws and the OCC’s authority.

Binance to Launch NFT Market in June

Binance to Launch NFT Market in June April 27, 2021 @ 1:56 pm By JD Alois Binance, the world’s largest crypto exchange, announced a forthcoming NFT market to launch this coming June. NFTs or non-fungible tokens have boomed in recent months. While in existence for years, the advent of the sale of a work of digital art by Beeple for over $60 million launched NFTs into broad public relevance. Changpeng Zhao, CEO of Binance, said that Binance currently serves millions of users around the world – many who will be able to access the NFT market: “In line with our commitment to the freedom of money globally and building an inclusive ecosystem, the Binance NFT marketplace will also support small value creators by providing the highest liquidity and cheapest fees for users.”

North American crypto miners prepare to challenge China s dominance – Cointelegraph Magazine

Springtime is coming to the North American cryptocurrency mining industry. With access to robust capital markets, cheap power, a stable political climate and increasing participation of technological innovators, industrial-grade mining operations are burgeoning in the United States and Canada, providing competition to Chinese mining pools that now control more than half of the world’s hashing power. These new ventures are acutely aware of the need to minimize mining’s carbon footprint. In March, when Neptune Digital Assets and Link Global announced they would develop a new five-megawatt Bitcoin mining facility in Alberta, Canada, for instance, Neptune CEO Cale Moodie cited the “substantial global pressure to develop

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